Browsing: Credit Cards

Senator Josh Hawley, R-Mo., introduced new legislation this week to implement a federal cap on credit card interest rates as U.S. consumers rack up record-setting debt,…

With mortgage rates hovering around 5% to 7% in recent months, mortgage payments have jumped to a near-record high, according to the latest data by Redfin.…

Small businesses are open to using artificial intelligence (AI) tools to boost their competitiveness and efficiency but have concerns about their ability to keep pace with…

Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey. Overall card balances surged to…

Intuit Credit Karma is launching a new tool on Wednesday that leverages generative artificial intelligence (AI) to help consumers with their financial questions. Intuit Assist for…

Inflation, mortgage rates over 7% and credit card APR’s north of 20% have pushed all income brackets into living paycheck to paycheck, according to a new…

Real gross domestic product (GDP) grew at an annual rate of 2.1% in the second quarter of 2023 following a 2% increase in the first quarter,…

The Federal Reserve could raise interest rates again in order to reduce inflation to its targeted levels, according to Fed Governor Michelle W. Bowman.  The Federal…

Credit card debt hit a record $1 trillion for the first time ever as more consumers lean on their cards for everyday living.  While credit cards…

A growing number of Americans with subprime scores opened up new credit card accounts last year despite the high price they had to pay to borrow,…